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Manjinder Singh Sirsa announces relief for industries, slams AAP at Delhi
Updated : 5 months, 2 weeks ago IST
"It is a historical decision that now licenses need not be procured from MCD. There were discussions, and we took this historical decision. The industry's rate was at least twice that of the residential area, and now we have reduced it to 1.5 times," Sirsa said.
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"Will stimulate consumer demand, enhance state revenue efficiency": PHDCCI
Updated : 5 months, 2 weeks ago IST
"The implementation of GST rate rationalisation from September 22 marks a significant milestone in India's tax reforms. By simplifying the structure, these measures will not only stimulate consumer demand but also enhance state revenue efficiency--creating a virtuous cycle of growth, stabili
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Wide ranging reforms will improve lives of our citizens: PM Modi on GST re
Updated : 5 months, 2 weeks ago IST
In a major reform aimed at providing relief to households, farmers, businesses and the healthcare sector, Finance Minister Nirmala Sitharaman on Wednesday announced a sweeping reduction in Goods and Services Tax (GST) rates on a wide range of essential items, automobiles, agriculture inpu
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GST rates slashed across sectors to provide Diwali bonanza for consumers
Updated : 5 months, 2 weeks ago IST
In a major reform aimed at providing relief to households, farmers, businesses and the healthcare sector, Finance Minister Nirmala Sitharaman on Wednesday announced a sweeping reduction in Goods and Services Tax (GST) rates on a wide range of essential items, automobiles, agriculture inpu
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Sitharaman announces significant simplification in GST to dual rate struct
Updated : 5 months, 2 weeks ago IST
In a significant simplification in the GST regime, which will benefit the common man, Finance Minister Nirmala Sitharaman on Wednesday announced consolidation of 12% and 18% slabs into a dual rate structure of 5% and 18% besides 40% for sin goods.
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Nissanka surpasses Dilshan to become SL's third-highest run-getter in T20I
Updated : 5 months, 2 weeks ago IST
Nissanka made this upward movement in the charts during the first T20I against Zimbabwe. During the match, Nissanka continued his consistent run across all formats, scoring 55 in 32 balls, with four boundaries and two sixes. His runs came at a strike rate of 171.87.
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LPG distributors seek GST rate cut on pipe hoses from 18% to 5%
Updated : 5 months, 2 weeks ago IST
The All India LPG Distributors Federation has appealed Finance Minister Nirmala Sitharaman to reduce the Goods and Services Tax (GST) on LPG Suraksha Hoses (LPG pipes) from 18 per cent to 5 per cent.
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India's 10-Year bond yield likely to trade in 6.50-6.60% range in Sep as t
Updated : 5 months, 2 weeks ago IST
India's 10-year government bond yield is expected to trade in the range of 6.50-6.60 per cent during September, according to a report by Bank of Baroda.
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GST cut on Insurance premiums may lower costs, insurers brace for near-ter
Updated : 5 months, 2 weeks ago IST
Health and term insurance premiums may become cheaper if the Goods and Services Tax (GST) Council approves rate cuts at its meeting, which began here on Wednesday.
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Gold prices in India expected to trade between Rs 99,500-110,000 in 2025:
Updated : 5 months, 2 weeks ago IST
Indian gold prices are expected to continue rising, trading in the range of Rs 99,500 to Rs 110,000 per ten grams over the rest of 2025, and moving higher to Rs 110,000 to Rs 125,000 in the first half of 2026, according to a research note by ICICI Bank's Economic Research Group.
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56th GST Council meeting begins at New Delhi; rate rationalisation on agen
Updated : 5 months, 2 weeks ago IST
The two-day meeting, being held on September 3 and 4, is expected to bring significant changes to India's indirect tax structure, with discussions centred around rationalising and reducing the number of GST slabs.
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"Major next-generation reform": BJP's Praveen Khandelwal ahead of 56th mee
Updated : 5 months, 2 weeks ago IST
He also expected that the two-slab structure would simplify tax compliance and reduce the burden. The proposed GST structure includes two slabs: 5% and 18%. This aims to streamline the current four-slab system, which provides for rates of 5%, 12%, 18%, and 28%.
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